New York is the most populous city in the United States, and the center of the New York metropolitan area, which is one of the most populous urban areas in the world. A leading global city, New York exerts a powerful influence over global commerce, finance, culture, fashion and entertainment. As host of the United Nations headquarters, it is also an important center for international affairs. The city is often referred to as New York City or The City of New York to distinguish it from the state of New York, of which it is a part. Located on a large natural harbor on the Atlantic coast of the Northeastern United States, the city consists of five boroughs: The Bronx, Brooklyn, Manhattan, Queens, and Staten Island. The city's 2008 estimated population exceeds 8.3 million people, and with a land area of 305 square miles (790 km), New York City is the most densely populated major city in the United States. The New York metropolitan area's population is also the nation's largest, estimated at 18.8 million people over 6,720 square miles (17,400 km). Furthermore, the Combined Statistical Area containing the Greater New York metropolitan area contained 22.155 million people as of 2008 Census estimates, also the largest in the United States. New York was founded as a commercial trading post by the Dutch in 1624. The settlement was called New Amsterdam until 1664 when the colony came under English control. New York served as the capital of the United States from 1785 until 1790. It has been the country's largest city since 1790. Many districts and landmarks in the city have become well known to outsiders. The Statue of Liberty greeted millions of immigrants as they came to America in the late 19th and early 20th centuries. Wall Street, in Lower Manhattan, has been a premier global financial center since World War II and is home to the New York Stock Exchange, the world's largest stock exchange by market capitalization of its listed companies. The city has been home to several of the tallest buildings in the world, including the Empire State Building and the twin towers of the former World Trade Center. The city is the birthplace of many cultural movements, including the Harlem Renaissance in literature and visual art; abstract expressionism (also known as the New York School) in painting; hip hop, punk, salsa, disco, freestyle, and Tin Pan Alley in music; and is the home of Broadway theater. New York is notable among American cities for its high use of mass transit, most of which runs 24 hours a day, and for the density and diversity of its population. In 2005, nearly 170 languages were spoken in the city and 36% of its population was born outside the United States. Sometimes referred to as "The City That Never Sleeps," the city has also been nicknamed, "The Capital of the World," "The City," "Gotham," and the "Big Apple."

Business Bankruptcy Law Lawyers In York New York

Advertisement

What is business bankruptcy law?

Business Bankruptcy involves the legal process that insolvent businesses take to insure fairness and equality upon creditors and to help the debtor company start anew with the property the company is allowed to keep without being hampered by their liabilities. Business Bankruptcy attorneys advise on debt relief options and guide companies through each phase of a federal bankruptcy filing -- including Chapter 7 bankruptcy debt discharge plans and Chapter 11 bankruptcy debt reorganization plans. Bankruptcy attorneys may also represent creditors seeking to have their rights enforced in connection with the bankruptcy reorganization of a debtor.

Personal Bankruptcy attorneys also advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to business bankruptcy law issues in New York

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Official Bankruptcy Forms must be used to file and take action in bankruptcy cases. Procedural Forms also may be...

Chapter 7 of the Bankruptcy Code provides for "liquidation," ( i.e., the sale of a debtor's nonexempt property and...

Chapter 9 of the Bankruptcy Code provides for reorganization of municipalities (which includes cities and towns, as...

Chapter 11 of the Bankruptcy Code provides (generally) for reorganization, usually involving a corporation or...

Chapter 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection...

Although the Bankruptcy Code provides for a stockbroker liquidation proceeding (11 U.S.C. § 741 et seq.), it is far...

Most debtors who file a bankruptcy petition, and many of their creditors, know very little about the bankruptcy...

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...